Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

Southport has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.65% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Southport has increased when compared to the 5 year average annual rate.

Southport, 4215 is offering QLD ‘s 173th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.

On average over the past year, suburb has had 22.08 sales per month, which equates to 265 per year.

The QLD suburb of Southport, 4215 is in the Gold Coast (C) local government area.

Property value increases in Southport have tracked just lower than the QLD average of -0.18% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Southport has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Southport is offering property investors an average of -5.89. This rate of discount on properties puts Suburb at number 42th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $380 and the average annual increase in value of a median property of -0.62%, investors should hope to achieve an overall return of 5.49%

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.